Prime Minister Mark Carney’s promise to boost defence could deliver massive profit gains for companies but the big question is, where will the money come from?
The Carney government recently announced plans to raise Canada’s military budget to $150 billion by 2035 to meet a new NATO target of five per cent of GDP, the country’s largest increase since the Second World War.
The current budget sits at $62.7 billion after Ottawa added $9 billion this year. Some economists are skeptical about Canada reaching its target.
I wonder. Is the media walking back Carney’s promises for him?
Deadbeats are us!
